By Jim Cline and Kate Kremer
The “All-Cities” index is published monthly and the “Seattle” and other regional indices are published every other month but of all those reports, it is the “June” numbers that are the most watched for their potential impact on contract negotiations. While some CBAs look towards the inflation report for different months, the vast majority of contracts that specifically apply CPI use the June numbers because they come out in mid-July about the time most negotiations are launching.
Spring Blip. For some time, we had been predicting a bump in the upcoming Spring CPI numbers. As the April and May numbers materialized, that prediction proved accurate. The question now is what lies ahead.
